[Meta, Alphabet, and Intel's Stock Issuances Cause Heavy Losses for Subscribing Investors] According to Jinse Finance, on October 30th, the stock prices of several large companies in the AI infrastructure boom plummeted, making the situation even more difficult for investors who participated in their large-scale stock offerings. On Friday, Intel, Alphabet, and Meta Platforms saw their stock prices fall. The previous round of earnings reports, which fell short of expectations, caused these companies' stock prices to drop below the purchase price paid by investors who participated in their stock offerings in recent months. The decline began on Wednesday with Alphabet's earnings report, which showed that its advertising revenue from search and other channels was lower than expected; subsequently, Intel disclosed problems in its data center component supply chain, further exacerbating market concerns. Both companies highlighted market doubts about the sustainability of massive investments in artificial intelligence. The market was already struggling to digest large-scale AI-related stock offerings and was assessing whether these massive investments could translate into long-term stock price gains. The stock price decline will further increase the difficulty for companies to raise the necessary funds, and also make the prospects for Anthropic's IPO to reach or exceed the record-breaking fundraising size of SpaceX's listing earlier this year even more uncertain.